U.S. stock futures edge higher and European banks lead as oil gives back some of the early jump, with U.S. bond markets closed for Columbus Day

S&P and Dow futures up about 0.1-0.3 percent early Monday, Nasdaq mixed. Europe’s Stoxx 600 up 0.4 percent, FTSE 100 up 0.6 percent, with Commerzbank, Deutsche Bank, HSBC, Barclays and Lloyds all higher. Brent and WTI both gave back part of the weekend spike after the diesel and ceasefire headlines. U.S. Treasury market is closed Monday. 10-year yield last around 5.24 percent. UK 10-year gilt yield eased a few basis points but remains near multi-decade highs after hitting 5.53 percent last week. Michigan consumer inflation expectation for the year ahead rose to 4.7 percent from 4.6 percent, up from 3.4 percent before the Iran war. September CPI due this week is expected to show headline around 3.7 percent.

https://www.morningstar.com/news/dow-jones/202610121342/stocks-rise-as-oil-eases-after-russian-diesel-deal-despite-middle-east-tension

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